Charter Schools Development Corporation

Charter Schools Development Corporation

Quick Facts

Entity Synopsis

7880 MILESTONE PARKWAY, SUITE 425 HANOVER, MD 21076

(443) 561 - 1280

info@csdc.org

CSDC, a 501(c)(3) nonprofit and CDFI, supports quality public school choice for underserved students by developing and financing affordable charter school facilities nationally. CSDC has a special focus on new/early-stage schools, rural schools, schools serving predominately low income students, and schools in communities with poor performing traditional schools. CSDC has received seven federal credit enhancement grants totaling $58.6M and uses these funds in multiple ways to 1) provide lease or loan guarantees, 2) leverage loan pools for tenant improvement, acquisition, construction and renovation mini-perm loans nationally and 3) to support its turnkey facility development program (lease with option-to-purchase). Often times, the same school will be served by multiple grants as it progresses through its facility lifecycle.

Please click the link(s) below to access this entity's abstract.

Abstract for 2015 grant not available.
Abstract for 2006 grant not available.
Abstract for 2005 grant not available.
Abstract for 2004 grant not available.
Abstract for 2002 grant not available.

Entity Snapshot

2002
Total CSP Funds:
$10,000,000.00
Total Directly Enhanced:
$145,661,875
Total Financing Leveraged:
$257,606,809
Number of Schools Served:
99
Number of New Schools Served:
88
2004
Total CSP Funds:
$5,000,000.00
Total Directly Enhanced:
$1,000,618,019
Total Financing Leveraged:
$129,877,418
Number of Schools Served:
38
Number of New Schools Served:
29
2005
Total CSP Funds:
$1,713,426.99
Total Directly Enhanced:
$42,050,734
Total Financing Leveraged:
$167,378,428
Number of Schools Served:
46
Number of New Schools Served:
35
2006
Total CSP Funds:
$6,600,000.00
Total Directly Enhanced:
$214,455,272
Total Financing Leveraged:
$22,849,635
Number of Schools Served:
6
Number of New Schools Served:
5
2015
Total CSP Funds:
$5,000,000.00
Total Directly Enhanced:
$14,257,736
Total Financing Leveraged:
$73,922,834
Number of Schools Served:
16
Number of New Schools Served:
15
2017
Total CSP Funds:
$5,000,000.00
Total Directly Enhanced:
$2,000,000
Total Financing Leveraged:
$1,000,000
Number of Schools Served:
1
Number of New Schools Served:
1
2018
Total CSP Funds:
$12,000,000.00
Total Directly Enhanced:
$13,516,314
Total Financing Leveraged:
$0
Number of Schools Served:
5
Number of New Schools Served:
5
2019
Total CSP Funds:
$4,521,385.00
Total Directly Enhanced:
$1,000,000
Total Financing Leveraged:
$0
Number of Schools Served:
1
Number of New Schools Served:
1

Locations Served by CE Lender

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Lending Snapshot

Total Transaction Financing